In the Classical Model, It Is Thought That the Long-Run

question 62

Multiple Choice

In the classical model, it is thought that the long-run:

• A) and short-run aggregate supply curves are both upward sloping.
• B) aggregate supply curve is vertical and the short-run aggregate supply curve is upward sloping.
• C) and short-run aggregate supply curves are both vertical.
• D) aggregate supply curve is upward sloping and the short-run aggregate supply curve is vertical.

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